Mr. Speaker, the premise of the hon. member's question is incorrect. There is no fiscal imbalance and never can be any fiscal imbalance. Such moneys as are received by the provinces, and they have been on an escalating basis over the past number of years as the government's revenues have turned around, have in fact been transferred. In the last fiscal year there were very significant transfers from the federal government to the provincial governments for their needs.
In the House of Commons on November 14th, 2005. See this statement in context.